Buy Hero MotoCorp, target Rs 3,871.40: ICICI Direct
Buy Hero MotoCorp Ltd. at a price target of Rs 3,871.40 and a stop loss at Rs 3,762.10 from entry point.
The current market price of Hero MotoCorp is Rs 3,765.80.
Time period given by the brokerage firm is 'Intra Day' when Hero MotoCorp price can reach defined target.
ICICI Direct recommended to keep a stop loss at Rs 3,762.10.
Hero MotoCorp, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 75,695.95 Crore) operating in Auto sector.
The company’s top management includes Dr.Anand C Burman, Dr.Pritam Singh, GeneralV P Malik, Mr.M Damodaran, Mr.Paul Edgerley, Mr.Pawan Munjal, Mr.Pradeep Dinodia, Mr.Ravi Nath, Mr.Suman Kant Munjal, Mr.Vikram S Kasbekar, Ms.Shobana Kamineni.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 199,696,838 shares outstanding.
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